USDJPY could still be on its downtrend seeing that it's struggling at the 88.6% level.
We can see it going further passed this level and making another swing low, but to be sure, we're getting out around the confluence area of 38.2%.
We can see it going further passed this level and making another swing low, but to be sure, we're getting out around the confluence area of 38.2%.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.